8th November 2024

  • Powell Signals Readiness to Defy Trump in Defense of Fed

Fed chair says president has no power to fire or demote him

Central bank also delivers quarter-point interest-rate cut

https://blinks.bloomberg.com/news/stories/SMLLTMDWX2PS

  • Fed Cuts Rates; Powell Says Wouldn’t Resign If Asked by Trump

Officials lower benchmark lending rate by a quarter point

Powell says demoting of Fed leadership by president not legal

https://blinks.bloomberg.com/news/stories/SMLLHVT0G1KW

  • Investors Dial Back ‘Trump Trades’ as Policy Questions Remain

Even most exuberant traders are rethinking some bets: Mizuho

China stocks heading for best week in a month on stimulus view

https://blinks.bloomberg.com/news/stories/SMMF96T0AFB4

  • BOE Delivers Rate Cut With Warning on Budget’s Inflation Hit (2)

Spending plan could add as much as half a percent to CPI

Governor Andrew Bailey reaffirms gradual approach to easing

https://blinks.bloomberg.com/news/stories/SMKY3WT1UM0W

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